Internet video services planning studios is the big new trend (Vimeo, Hulu and Netflix all have them in the works) but the biggy is Google with YouTube. New reports suggest a YouTube revamp will unveil 20 channels producing up to 10 hours of original shows a week. YouTube snapped up new media production company Next New Networks in March…

The Wall Street Journal says: “YouTube is looking to introduce 20 or so ‘premium channels’ that would feature five to 10 hours of professionally-produced original programming a week…additional channels would be assembled from content already on the site.”

The report says YouTube will pump as much as $100m to commission content for what will essentially be a YouTube TV network and that it will start implementing its plans by the end of this year. The big question, of course, is: will the YouTube TV channels be worth watching?